SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-23C-1
STATEMENT BY REGISTERED CLOSED-END
INVESTMENT COMPANY WITH RESPECT TO
PURCHASES OF ITS OWN SECURITIES PURSUANT
TO RULE N-23C-1 DURING THE LAST CALENDAR MONTH
REPORT FOR CALENDAR MONTH SEPTEMBER 1998
THE NEW GERMANY FUND, INC.
(Name of registered closed-end investment company)
Approx Asset
Date Number Price Value or Approx Seller
Each Ident Shrs Per Asset Cov/Shr or Seller's
Trans Sec Purch Share at Time of Purch Broker
9-1 GF 7000 13.75 18.86 Weeden & Co.
9-2 " " 19600 14.3425 19.42 " "
9-3 " " 7000 14.2411 19.32 " "
9-4 " " 19600 14.3897 19.15 " "
9-8 " " 18800 15.0283 19.84 " "
9-9 " " 23600 15.0437 19.89 " "
9-10 " " 23600 14.5625 19.64 " "
9-11 " " 23600 14.7585 19.55 " "
9-14 " " 2700 15.4375 19.67 " "
9-15 " " 18300 15.1462 19.62 " "
9-17 " " 15100 14.8796 19.09 " "
9-21 " " 18700 14.4014 18.29 " "
9-22 " " 22100 14.8266 18.55 " "
9-23 " " 10000 15.125 18.69 " "
9-24 " " 22100 15.00 18.78 " "
9-25 " " 10000 14.5312 18.67 " "
9-28 " " 17700 14.9823 18.65 " "
9-29 " " 7600 14.7286 18.66 " "
9-30 " " 17700 14.3125 18.30 " "
The New Germany Fund, Inc.
(Name of Registrant)
By Joseph Cheung - Treasurer
Date of Statement 10/5/98